The aim of the fund is to grow the amount you invested.The fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government and other bonds that are priced in British pounds.

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

0.08

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

1.06

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.43

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

7.84

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

1.18

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

0.39

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.98

Price movement

52 week high125.8

52 week low106.3

Current bid price115.4

Current offer price121.5

Current mid price-

Region

1

UK

98.6%

2

Money Market

1.4%

Industry sector

1

UK Gilts

98.6%

2

Money Market

1.4%

Asset type

1

UK Gilts

98.6%

2

Money Market

1.4%

Individual holdings

1

TREASURY 1% GILT 07/09/17 GBP0.01

7%

2

TREASURY 3.5% GILT 22/01/45 GBP

6.6%

3

TREASURY 1.75% GILT 22/01/17 GBP0.01

6.2%

4

TREASURY 4.75% GILT 07/12/30 GBP

5.9%

5

TREASURY 1.5 GILT 22/01/21 GBP0.01

5.7%

6

TREASURY 1.75% GILT 07/09/22 GBP0.01

5.4%

7

TREASURY 3.25% GILT 22/01/44 GBP0.01

5.4%

8

TREASURY 4.5% GILT 7/9/2034 GBP0.01

5.4%

9

TREASURY 3.5% GILT 22/07/68 GBP0.01

4.4%

Management

Fund manager group

LVFS

Fund manager company

LVFS Ltd

Fund type

Pension Fund

Fund objective

The aim of the fund is to grow the amount you invested.The fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government and other bonds that are priced in British pounds.

Benchmark

FTSE Brit Govt All Stocks

Investment style

None

Investment method

None

Fund managers

Name

Since

Biography

Dave Chappell

30/09/2014

Dave Chappell is a Senior Portfolio Manager in the interest rate and currency team within Fixed Income and is at the core of US and UK rate and economic forecasting for the company. Dave manages a broad range of US and UK fixed income mandates for numerous insurance companies. He also manages a number of global government portfolios.
Dave joined the company in 1997 when Scudder Investments became part of Threadneedle Asset Management Limited. He joined Scudder Investments as a fixed income dealer, and in 1997 became an Insurance Asset Portfolio Manager.
He started his career in 1987 at Royal Bank of Scotland as an Operations Supervisor before moving to Irving Trust company as an Operations Manager.

Compliance

No data available.

Domicile

No data available.

Fund for sale in

United Kingdom

LV= Threadneedle UK Fixed Interest Pn

Initial charge-

Annual charge0.51%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)0.56%

Bid price115.4

Offer price121.5

Mid price-

CurrencyGBX

Price updated06/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi code0OWP

LV= Threadneedle UK Fixed Interest Pn S2

Initial charge-

Annual charge0.3%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)0.35%

Bid price116.2

Offer price122.3

Mid price-

CurrencyGBX

Price updated06/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi code0OWQ

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

Email Newsletters

Stay up to date with the latest news, ideas, bargains, rates, scam warnings and more...

Your finances fixed - all the info you need to inspire good financial habits

More information

Our other sites

News, articles and guides on all things money related, from pensions and investments to savings and mortgages. Moneywise offers independent news and views, video and blogs as well as uniquely independent and interactive comparison services.